(Total Views: 227)
Posted On: 06/19/2017 7:02:51 PM
Post# of 4999
$DIGX - Summary of Recent Trading - Updated June 19.
510M loaded since May 25.
295M loaded at .0003.
No significant amount of .0003s picked up since June 1 - 12 trading days ago.
215M loaded at .0004 - mostly on June 15 and June 16.
Almost nobody is willing to sell at .0004 now - as evidenced by less than 8M being made available at .0004 today.
Longs who loaded the .0003s and .0004s decisively have succeeded in keeping most of the one tick flippers out - as evidenced by the relatively small ask at .0005 today of 48M (down 20M from a peak of 68M on June 16).
Being observant and keeping accurate records is what counts in trading in the OTC and in trading $DIGX in particular.
Daily volume and the actual closing price is irrelevant to future runs - knowing what volume was picked up at what price is far more important.
There is a buyer and a seller for every trade. So a trade at a particular price means someone currently has that amount of shares at that price. They are not $DIGX "bagholders" - they willingly bought at that price because they believe that they can make a profit in future.
As previously stated, nobody has bought $DIGX in 2016 or 2017 at a price that it shouldn't go past in future.
510M loaded since May 25.
295M loaded at .0003.
No significant amount of .0003s picked up since June 1 - 12 trading days ago.
215M loaded at .0004 - mostly on June 15 and June 16.
Almost nobody is willing to sell at .0004 now - as evidenced by less than 8M being made available at .0004 today.
Longs who loaded the .0003s and .0004s decisively have succeeded in keeping most of the one tick flippers out - as evidenced by the relatively small ask at .0005 today of 48M (down 20M from a peak of 68M on June 16).
Being observant and keeping accurate records is what counts in trading in the OTC and in trading $DIGX in particular.
Daily volume and the actual closing price is irrelevant to future runs - knowing what volume was picked up at what price is far more important.
There is a buyer and a seller for every trade. So a trade at a particular price means someone currently has that amount of shares at that price. They are not $DIGX "bagholders" - they willingly bought at that price because they believe that they can make a profit in future.
As previously stated, nobody has bought $DIGX in 2016 or 2017 at a price that it shouldn't go past in future.
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"Per Ardua Ad Astra" - "Through Adversity To The Stars"
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
A very apposite motto for those who trade successfully in the OTC market..
All posts are my opinion - trade at your own risk.
